Life Planning Partners Inc Has $217,000 Stake in Fidelity National Financial, Inc. (NYSE:FNF)

Life Planning Partners Inc reduced its position in Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 98.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,335 shares of the financial services provider's stock after selling 183,892 shares during the period. Life Planning Partners Inc's holdings in Fidelity National Financial were worth $217,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Opal Wealth Advisors LLC purchased a new position in Fidelity National Financial during the 1st quarter worth approximately $32,000. Capital Analysts LLC acquired a new stake in shares of Fidelity National Financial in the fourth quarter worth $29,000. Parkside Financial Bank & Trust grew its holdings in shares of Fidelity National Financial by 50.6% during the fourth quarter. Parkside Financial Bank & Trust now owns 622 shares of the financial services provider's stock valued at $35,000 after buying an additional 209 shares in the last quarter. Kestra Investment Management LLC acquired a new position in Fidelity National Financial during the fourth quarter valued at $37,000. Finally, Kapitalo Investimentos Ltda acquired a new position in Fidelity National Financial during the fourth quarter valued at $44,000. Institutional investors and hedge funds own 81.17% of the company's stock.

Analyst Ratings Changes

Several research firms have weighed in on FNF. Wall Street Zen cut Fidelity National Financial from a "buy" rating to a "hold" rating in a research note on Tuesday, March 4th. Barclays upped their price objective on shares of Fidelity National Financial from $61.00 to $67.00 and gave the company an "equal weight" rating in a research note on Monday, February 24th. Keefe, Bruyette & Woods raised shares of Fidelity National Financial from a "market perform" rating to an "outperform" rating and set a $69.00 target price for the company in a research note on Tuesday, April 8th. Finally, Stephens boosted their price target on shares of Fidelity National Financial from $68.00 to $75.00 and gave the company an "overweight" rating in a report on Monday, February 24th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $71.60.

Fidelity National Financial Stock Down 1.6%

Shares of FNF traded down $0.91 during mid-day trading on Friday, hitting $55.26. 1,249,715 shares of the company's stock were exchanged, compared to its average volume of 1,177,602. The stock has a market cap of $15.18 billion, a price-to-earnings ratio of 11.88 and a beta of 1.02. The firm has a fifty day moving average of $58.66 and a two-hundred day moving average of $59.44. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 0.47. Fidelity National Financial, Inc. has a twelve month low of $47.79 and a twelve month high of $66.72.

Fidelity National Financial (NYSE:FNF - Get Free Report) last posted its earnings results on Wednesday, May 7th. The financial services provider reported $0.78 EPS for the quarter, missing the consensus estimate of $1.13 by ($0.35). Fidelity National Financial had a return on equity of 15.36% and a net margin of 9.28%. The business had revenue of $2.73 billion for the quarter, compared to analyst estimates of $3.32 billion. During the same period in the previous year, the company earned $0.91 earnings per share. The company's quarterly revenue was down 17.3% compared to the same quarter last year. On average, sell-side analysts forecast that Fidelity National Financial, Inc. will post 6.28 earnings per share for the current year.

Fidelity National Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 13th. Stockholders of record on Monday, June 16th were issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.62%. The ex-dividend date was Monday, June 16th. Fidelity National Financial's dividend payout ratio is 49.50%.

About Fidelity National Financial

Fidelity National Financial, Inc, together with its subsidiaries, provides various insurance products in the United States. The company operates through Title, F&G, and Corporate and Other segments. It offers title insurance, escrow, and other title related services, including trust activities, trustee sales guarantees, recordings and reconveyances, and home warranty products.